Tuesday 31 January 2017

Transfers and Postings of Sr. Manager/Manager, Mail Motor Service (MMS) Group'A'and Deputy Manager (MMS) Group'B'.



MINUTES OF THE MEETING HELD UNDER THE CHAIRMANSHIP OF SECRETARY, DOP&T ON 23.01.2017 TO CONSIDER THE CASES OF INTER CADRE TRANSFER / DEPUTATION / EXTENSION OF INTER CADRE DEPUTATION REQUIRING RELAXATION OF PROVISION(S) OF THE GUIDELINES

A meeting was held on 23.01.2017 under the Chairmanship of Secretary(P) to consider the cases of inter cadre deputation/ inter cadre transfer requiring relaxation of provision(s) of the guidelines. The members of the committee EO&AS & AS(S&V) were present. Further, DS(AIS) & US(S-III) were also present to assist the Committee in the meeting.

The Committee took note of the Action Taken Report on the minutes of the previous meeting held on 19.12.2016. The Committee after detailed deliberations and careful consideration in each case took following decisions in the meeting:-

Case 1: Inter cadre deputation of Shri Siva Prasad Kakumanu, IAS (PB:93) from Punjab cadre to Andhra Pradesh cadre.
The Committee was informed that the officer has requested for inter cadre deputation to Andhra Pradesh cadre on personal hardship. The Committee after detailed deliberations decided to defer the proposal for the present.

Case 2: Inter cadre deputation of Smt. Pooja Pandey, IAS (AM:08) from Assam Meghalaya cadre to Uttar Pradesh cadre for a period of three years.
The Committee was informed that the proposal was earlier placed before the Committee in its meeting held on 31.03.2016 wherein the Committee decided that the proposal for inter cadre deputation of the officer may be processed only after receipt of no objection / consent from the Government of Meghalaya. Accordingly, after receipt of the consent from the Govt. of Meghalaya, the ACC note with the approval of MOS(PP) was forwarded to EO(SM.1) for onward submission to ACC. However, EO(SM.1) requested to clarify whether the due process of placing the subject proposal before the Committee has been followed or not after receipt of recommendation of Govt. of Meghalaya.

Having noted that all the concerned State Governments have conveyed consent for inter cadre deputation and the officer is clear from vigilance angle, the Committee after detailed deliberations recommended the proposal and directed to put up the same to EO(SM.1) for onward submission to ACC.

Case 3: Inter cadre deputation of Shri Ajay Katesaria, IAS (MP:2012) from Madhya Pradesh cadre to Jharkhand cadre for a period of three years.
The Committee was informed that the officer has requested to reconsider his proposal for inter cadre deputation on grounds of extreme hardship of medical nature of his mother. Further, both the States have conveyed their consent and the officer is presently clear from vigilance angle. The Committee after detailed deliberations recommended the proposal in relaxation of policy and directed to put up ACC note for the approval of ACC.

Case 4: Inter cadre deputation of Dr. Om Prakash, IAS (AM:2006) from Assam -Meghalaya cadre to Rajasthan cadre for a period of three years.
The Committee was informed that the officer has requested for inter cadre deputation to Rajasthan cadre. The officer has completed the required period of nine years. Further, consent from Govt. of Assam and Rajasthan has been received and the office is clear from vigilance angle. The Committee after detailed deliberations recommended the proposal and directed to put up ACC note for the approval of ACC after receipt of the consent from the Govt. of Meghalaya.

Case 5: Inter cadre deputation of Shri K. Thavaseelan, IAS (NL:12) from Nagaland cadre to Telangana cadre.
The Committee was informed that the officer has requested for inter cadre deputation on grounds of ill health of his father. The Committee observed that the officer has not completed the required period of nine years in his cadre. The Committee after detailed deliberations did not recommend the proposal of the officer as the same is not covered under the policy and directed to include it in the quarterly report to be submitted to ACC.

Case 6: Extension of inter-cadre deputation of Shri Pandurang Kondbarao Pole, IAS (JK:04) from Jammu & Kashmir cadre to Maharashtra cadre for a further period of two years beyond 02.02.2017.
The Committee was informed that officer has requested for extension of his deputation tenure. Further, both the state Governments have conveyed consent. The Committee after detailed deliberations recommended the proposal and directed to put up ACC note for the approval of ACC.

Case 7: Extension of Inter-Cadre Deputation (ICD) period of Shri Manish Kumar Verma, IAS (OR:2000) from Odisha cadre to Bihar cadre for a further period of two years beyond 22.03.2017 after completing a tenure of five years on inter cadre deputation.
The Committee was informed that the officer is working as Secretary to Hon’ble CM,Bihar and has requested for further extension of his inter cadre deputation tenure for a further period of two years beyond five years tenure. The Committee was also informed that in the past some officers have been granted extension of deputation beyond five years tenure to be posted as Secretary to the Chief Minister concerned. The Committee after detailed deliberations directed to place the proposal before the ACC for extension of deputation tenure for a further period of one year only, in relaxation of the extant policy. In case the proposal is considered favourably, it may be applicable for one year or till the officer is posted as Secretary to Hon’ble CM of Bihar, whichever is earlier. The tenure will be ended automatically if the officer is posted to any post other than Secretary to CM.

Meeting ended with thanks to the Chair.

Sunday 29 January 2017

Grant House Rent Allowance at the rate of 30%, 20% & 10% of 7th CPC – NFIR


No.IV/Budget/Part III
23.01.2017
Shri Arun Jaitley,
Hon’ble Minister of Finance,
North Block, New Delhi.
Dear Sir,
Sub: General Budget 2017-18 – NFIR’s proposals for consideration
The National Federation of Indian Railwaymen (NFIR) requests the Hon’ble Finance Minister to consider its proposals listed below for inclusion in the General Budget 2017-18 to be presented in Parliament in February, 2017.
1. The Income Tax exemption limit for Central Government Employees may be raised to atleast Rupees Six Lakhs
2. The Income Tax exemption limit for senior citizens may be raised to Rs.7.5 lakhs and for those Senior Citizens above 75 years age, the exemption be allowed up to Rs.10 lakhs.
3. Transport Allowance presently paid to the Central Government Employees may be exempted from the purview of Income Tax.
4. Fixed Medical Allowance to the retired Central Government Employees may be revised to not less than Rs.2,000/- Per month.
5. Grant House Rent Allowance at the rate of 30%, 20% & 10% of 7th CPC Pay to the Central Government Employees working at Cities/Towns classified as ‘X’ ‘Y’ &’Z’ respectively with back date.
6. Contract Labour performing jobs of perennial nature be granted wages at par with the regular employees performing similar jobs.
7. Child Care Leave for women employees be revised upwardly.
8. Pension parity be granted all those pre 1.1.2016 Pensioners of Central Government.
Proposals – Railway Specific
9. Additional funds be allocated for augmenting Railway Training Institutes and Railway Community Halls, Recreation Clubs etc’.
10. More funds may be provided for construction of new quarters in the Railways and for maintenance of Railway colonies.
11. Training Allowance for Trainers in Railways Training Institules may be enhanced to 30% of pay in lieu of the existing 15%.
12. Separate Rest Rooms for Women Railway Employees at different locations be sanctioned to enable them to stay when they visit on railway duties.
13. Additional Road Mobile Medical Vans may be approved for providing medical treatment to the railway employees and their families living at remote places and jungle stations.

(Dr. M.Raghavaiah)
General Secretary

Relaxation in the norms of promotions from LSG to HSG-II & HSG-II to HSG-I as one time measure - CHQ writes to Department


TDS on approved Provident and Superannuation Funds as per Income-Tax Act

TDS on payment of accumulated balance under recognised provident fund and contribution from approved superannuation fund

Ministry of Finance has issued a circular about details of TDS on approved Provident and Superannuation Funds as per Income-Tax Act

TDS ON PAYMENT OF ACCUMULATED BALANCE UNDER RECOGNISED PROVIDENT FUND AND CONTRIBUTION FROM APPROVED SUPERANNUATION FUND:

The trustees of a Recognized Provident Fund, or any person authorized by the regulations of the Fund   to make payment of accumulated balances due to employees, shall in cases where sub-rule(1) of Rule 9 of Part A of the Fourth Schedule to the Act applies, at the time when the accumulated balance due to an employee is paid, make therefrom the deduction specified in Rule 10 of Part A of the Fourth Schedule to the Act.

The accumulated balance is treated as income chargeable under the head “Salaries”.

Where any contribution made by an employer, including interest on such contributions, if any, in an approved Superannuation Fund is paid to the employee, tax on the amount so paid shall be deducted by the trustees of the Fund to the extent provided in Rule 6 of Part B of the Fourth Schedule to the Act. TDS should be at the average rate of tax at which, the employee was liable to be taxed during the preceding three years or during the period, if that period is less than three years, when he was member of the fund.

The deductor shall remain liable to deduct tax on any sum paid on account of returned contributions (including interest, if any) even if a fund or part of a fund ceases to be an approved Superannuation fund.

As per section 192A of the Act, w. e. f. 01.06.2015 the trustees of the EPF Scheme 1952 framed under section 5 of the EPF & Misc. Provisions Act, 1952 or any person authorized under the scheme to make payment of accumulated balance due to employees, shall, in a case where the accumulated balance due to an employee participating in a recognized provident fund is includible in his total income owing to the provisions of Rule 8 of Part A of Fourth Schedule not being applicable at the time of payment of accumulated balance due to the employee, deduct income tax thereon @ 10% if the amount of such payment or aggregate of such payment exceeds Rs 50,000/-. In case the employee does not provide his/her PAN No., then the deduction will have to be made at maximum marginal rate.

TECHNICAL RESIGNATION & LIEN HIGHLIGHTS – CONSOLIDATED GUIDELINES

Highlights of DoPT OM No. 28020/1/2010-Estt(C) Dtaed 17.08.2016

1. Technical Resignation:

  • Government servant should have applied through proper channel for a post in same or some other Department.
  • If the conditions are met, it will be taken as Technical resignation, even if it was not mentioned as Technical Resignation while applying and all admissible benefits should be extended.
  • If competent authority not allowed the forwarding of application, it will not be treated as Technical resignation.
  • Benefits are admissible even if the employee applied before joining the service and application was not routed through proper channel, provided employee should intimate such application immediately after joining the service.

2. Balance leave credited:

  • Balance of utilized Child Care Leave and other leaves will be carried forward.
  • In case of permanent absorption in PSU/Autonomous Body/State Govt. employee is eligible for cash equivalent of leave salary in respect of EL & HPL at his credit subject to the limit of 300 days.
3. LTC carry forwarded: Entitlement for LTC will be carry forward.

4. Pay Protection: Protection of Pay will be given.
If employee rejoins his previous post:
  • In case employee rejoins his earlier post, he will be entitled for increments for the period of his absence from that post.
  • Transfer of GPF will be governed.
  • Seniority in the post held by the employee on substantive basis continues to be protected.
5. However the period spent in other department will not be counted for minimum qualifying service for promotion.

6. Past service counted for Pension: Employee originally joined before 1.1.2004, joined the new post on technical resignation after 1.1.2004, his past services are counted towards pension.

7. Transfer of NPS account: In case of NPS, the balance standing in Personal Retirement Account along with PRNA will be carried forward to new office.

8. Service Book transfer: Service Book from the date first appointment must be kept in the custody of head office in which employee is serving and transferred with him from office to office.

9. Medical Examination & verification:
  • If standard of medical examination is same for the new post, then employee need not to undergo fresh medical examination.
  • No need for verification of character & Antecedents of the employee, if period of discharging from previous post and appointment to new post is less than a year.
10. Lien will be maintained for two years normally, 3 years in exceptional cases.

11. Joining Time, Joining time pay & allowances:
  • Central & State Govt employees are eligible for joining time, which will be included as qualifying service in new Job.
  • During Joining Time, Eligible for pay equal to pay drawn in old post before relinquishment, DA & HRA. No Transport allowance
  • Entitled for Transfer Travelling Allowance.
Download Technical Resignation and Lien highlights and OM No. 28020/1/2010-Estt(C) Dtaed 17.08.2016 by clicking the below link

Saturday 28 January 2017

Budget may bring good news for salaried people

New Delhi: Every year when the Union finance minister presents the Budget speech, the ‘salaried people’ looks to him with expectations for reducing their tax liability.

It is possible that there would be some moves in this regard in the coming one.

The salaried people could get some relief as finance minister Arun Jaitley is likely to raise the minimum income threshold for paying personal income tax for those below 60 years of age to Rs 3 lakh a year from Rs 2.5 lakh at present and the deduction limit under Section 80C to Rs 2 lakh in the Union Budget for 2017-18, multiple sources told The Sen Times.

Currently the tax exemption slab is at Rs 2.5 lakh for individuals below 60 years, while deduction under Section 80C is Rs 1.5 lakh.

Union Finance Minister Arun Jaitley raised the personal income tax exemption limit from Rs 2 lakh to Rs 2.50 lakh on July 11, 2014 in the Union Budget for 2014-15.

Jaitley may also raise section 80C deductions limit to Rs 2.0 lakh, the sources said.

This move aimed at boosting household savings. The hike in deductions limit for investments by individuals in financial instruments to Rs 2.0 lakh would come as a sigh of relief for the salaried people blatting high inflation.

Investments under Section 80C up in popular tax saving instruments such as the general provident Fund, public provident fund, NPS, national savings scheme, unit-linked insurance plans and equity-linked savings schemes are not taxed up to the allowed threshold.

Section 80C was introduced by the UPA government in 2005-06 with a limit of Rs 1 lakh but UPA government did not revised it since then. Jaitley raised it up to Rs 1.5 lakh in the Union Budget for 2014-15.
Deduction on payment of income tax on interest paid on loans for self occupied houses may be also raised to Rs 2.5 lakh from Rs 2.0 lakh, the sources added.

Union Finance Minister will present the Union Budget on Wednesday.

TST

ATTENTION TAX PAYERS!

As you are aware, a tax deduction is a reduction in tax obligation from a taxpayer's gross income and it can be the result of a variety of events that the taxpayer experiences over the course of the year, which lowers the taxpayer's overall tax liability. 

At present different tax codes allow taxpayers to deduct a variety of expenses from taxable income. Taxation authorities in both the Central and State governments set the tax code standards at different intervals. It is an un- disputed fact that the tax deductions set by government authorities are often used to entice taxpayers to participate in community service programs for the betterment of society. Thus the taxpayers who are aware or unaware of eligible central and state tax deductions greatly benefit through both tax deduction and service-oriented activities annually. 

We have been paying a huge amount of tax daily, monthly, quarterly half yearly or yearly towards different kinds of taxes to the Government, such as Service Tax, Building Tax, , Property tax, Gift Tax, Entertainment tax, Sales Tax, Excise tax/duty , Professional tax Income tax etc. In addition to that certain amount of cess is also levied along with taxes in some cases. Suppose the telephone bill for a particular month is Rs. 1000/-, we are paying an additional amount of Rs.150/- or more towards service tax and cess. Likewise if we recharge our mobile phone for Rs.100/- more than Rs.15 is immediately deducted and the remainder only is credited towards talk time. So also is the case of purchase for goods and availing of services. As such though aware or unaware of the fact, thousands of rupees are paid by us towards taxes including income tax every year. 

Actually, the amount equal to the sum total of such taxes is a part of our income earmarked for government purpose. In short, the beneficiary of this part our hard earned money the Government as it is not utilized by personal or family purposes by the tax payer. Due to the very reason, we the individual tax payers including the salary class are entitled to get deduction from income tax equal to the sum total of different taxes paid especially income tax. But it is disheartening that only Professional Tax is being deducted from our income while computing income tax. As a result a huge amount of loss is being sustained by the tax payers every year,

The following simple calculation would reveal this
Suppose the Gross income of an individual tax payer is Rs.700000/- before deduction of Rs.150000 under section 80 (C ). He had paid total tax of Rs. 50000/-(including income tax of previous year) .

Computation of income tax - present system(AY-2017-18)

Gross Income    Rs .700000
Deduction under Section 80 ( c)    Rs. 150000
Net taxable income    Rs. 550000
Income tax  payable (with out cess)Rs.   35000

Computation of income tax under proposed system

Gross Income    Rs .700000
 Deduction of  Taxes paid    Rs.   50000
Deduction under Section 80 ( c)    Rs. 150000
Net taxable income    Rs. 500000
Income tax  payable (with out cess)Rs.   20000

Hence it would be advantageous is the Income tax computation system is revamped in such a way that un- necessary burden is shouldered by the individual tax payers who may have to take initiative to bring the matter to the notice of the government so as to remove the anomaly. 

Reflection of the recurrent lapses in the Annual Performance Assessment Report(APAR)

IndiaPost becomes 3rd entity to receive licence to start payment bank operations

IndiaPost becomes 3rd entity to receive licence to start payment bank operations

NEW DELHI: IndiaPost has become the third entity to receive a final license last week from the Central Bank to start its payment bank operations. Country’s largest telcom service provider Bharti Airtel and digital payments firm Paytm are the other two to have received the license while only Airtel has started operations so far. 

The government has also appointed AP Singh has interim MD and CEO of the India Post Payment Bank. A 1986 Indian Postal Service Officer he was earlier Joint Secretary in the department of disinvestment, ministry of Finance and Deputy Director General incharge of financial inclusion and payments systems at Unique Identification Authority of India (UIDAI). Singh was one part of the founding team that launched Aadhaar and was stationed at the department of Post prior to UIDAI. 


As per the initial road map, each post office in the country will offer the post bank services. The department of post has an existing network of around 1,55,000 post offices currently. ET had reported earlier that IndiaPost plans to open 650 new branches for the payment bank. The branches will be co-located with the existing post offices. The idea is that the 650 branches will be in located in postal district headquarters and all the branches under that particular head post office will be enabled by the payment bank services. This will cover the entire network of 155,000 post offices in the country. 


Earlier this month, Airtel Payments Bank launched nationwide operations, offering 7.25% interest on savings bank balances, which is more than the maximum 7% paid by SBI on its fixed deposits. Bharti and Kotak Mahindra, which holds a 20% stake in the payments bank, would invest Rs 3,000 crore in the venture. 

Payments banks can accept deposits from individuals and small businesses of up to Rs 1 lakh per account. And RBI had set a condition that formal license has to be obtained before 31 March. 

ALIBABA backed Paytm also said early in January that it has received the final license from RBI and the company hopes to launch operations in February with the first branch coming up in Noida, Uttar Pradesh.

While operation of Payment Banks such as Paytm are likely to be focused on technology based differentiation, IndiaPost is banking on its huge reach especially in the rural areas to be successful.


Source : http://economictimes.indiatimes.com/

7th Central Pay Commission / Pay Fixation of 4200 MACP on 15.3.2016 – MoD Clarification with illustrations on 5.1.2017 Pay Fixation of 4200 MACP on 15.3.2016 – MoD Clarification with illustrations on 5.1.2017

MoD once again issued a clarification orders with three illustrations of an employee shall be fixed who has been granted financial upgradation in MACP on 15.3.2016 in the grade pay of Rs.4200.

MoD action on BPMS’s representation on Seeking of Clarification regarding Option & Pay Fixation in 7th CPC
Office of the Controller General of Defence Accounts
Ulan Batar Road, Palam, Delhi Cantt – 110010
No.AT/II/2701/Orders
Dated: 05 Jan 2017
To
All PCsDA/CsDA
PCA(Fys)/All CsFA(Fys)
(Through NIC mail server
Subject: Representation of Defence Civilian Employees’ Federations regarding misinterpretation of RPR 2016 leading to incorrect pay fixation of employees.
A copy of MoD/D (Civ-I) ID No 11 (6)/2016-D(Civ-I) dated 07.12.2016 along with all its enclosures on the above subject is forwarded herewith. It is seen that MoD/D(Civ-I) has requested that the clarification on the subject from MoF/MoD(Fin) may be awaited. Accordingly, the instructions issued by MoD in para 2 of the MoD ID dated 7.12.2016 may be adhered to avoid any inconsistencies in the matter of pay fixation.
Jt CGDA (P&W) has seen.
(Vinod Anand)
Sr ACGDA (P&W)
The employee has exercised option 2 to fix the pay in the Pay Matrix after availing the increment dated 1.7.2016, in the old pay structure scale.


Option 2 is exercised by the employee to fix the pay in the new pay matrix after availing promotional upgradation under MACP Scheme that look place on 1.1.2016.



Option 2 is exercised by the employee tofix the pay in the pay matrix after availing promotion/MACP upgradation as on 15.3.2016
Authority: http://pcafys.nic.in/

Tuesday 24 January 2017

ALL INDIA SERVICES (DISCIPLINE AND APPEAL) AMENDMENT RULES, 2017



Income Tax Rates FY 2016-17 (AY 2017-18) – Finmin Orders

CIRCULAR NO : 01/2017

F.No.275/192/2016-IT(B)
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
North Block, New Delhi
Dated the 2nd January, 2017

SUBJECT: INCOME-TAX DEDUCTION FROM SALARIES DURING THE FINANCIAL YEAR 2016-17 UNDER SECTION 192 OF THE INCOME-TAX ACT, 1961.

Reference is invited to Circular No.20/2015 dated 02.12.2015 whereby the rates of deduction of income-tax from the payment of income under the head “Salaries” under Section 192 of the Income-tax Act, 1961 (hereinafter ‘the Act’), during the financial year 2015-16, were intimated. The present Circular contains the rates of deduction of income-tax from the payment of income chargeable under the head “Salaries” during the financial year 2016-17 and explains certain related provisions of the Act and Income-tax Rules, 1962 (hereinafter the Rules). The relevant Acts, Rules, Forms and Notifications are available at the website of the Income Tax Department- www.incometaxindia.gov.in.

2. RATES OF INCOME-TAX AS PER FINANCE ACT, 2016:
As per the Finance Act, 2016, income-tax is required to be deducted under Section 192 of the Act from income chargeable under the head “Salaries” for the financial year 2016-17 (i.e. Assessment Year 2017-18) at the following rates:

2.1 Rates of tax
A. Normal Rates of tax:
 
B. Rates of tax for every individual, resident in India, who is of the age of sixty years or more but less than eighty years at any time during the financial year:

C. In case of every individual being a resident in India, who is of the age of eighty years or more at any time during the financial year:

7th CPC Minimum Wage and Fitment Formula, Allowances, Pension and Very Good Benchmark, NPS etc.: NJCA Meeting

7th CPC Minimum Wage and Fitment Formula, Allowances, Pension and Very Good Benchmark, NPS etc.: NJCA Meeting with Cabinet Secretary on 19.01.2017 status

NJCA
National Joint Council of Action
4, State Entry Road New Delhi – 110055

No.NJCA/2017
Dated: January 19, 2017

All the Constituents of
National Council(JCM)

Dear Comrades,

Sub: Brief of the meeting held today with the Cabinet Secretary

A meeting was held today with the Cabinet Secretary, Government of India, wherein myself as well as Com M.Raghavaiah were present.

We explained him about various Issues of the Central Government Employees pending at the government level The main issues were NPS, Minimum Wage and Fitment Formula, Allowances, Pension and Very Good Benchmark, etc. etc.

The Cabinet Secretary informed us that, Pension issues have already been referred to the Cabinet, and the report of the Committee on Allowances is likely to be submitted in the next month. So far as issue of NPS is concerned, he has already directed the committee to hold a meeting with the Staff Side, which has already been fixed for 20th January 2017, The issue of Minimum Wage and Fitment Formula is also being vigorously pursued by the government.

He said that, inordinate delay was because of the various problems, but the intention of the government is very clear that, they want to resolve the problems of the Central Government Employees.

He also advised us to have patience for some time and given us an assurance that he would try to get resolved pending issues of the Central Government Employees as early as possible.

Comradely yours,

(Shiva Gopal Mishra)
Convener

Ceiling on IT for salaried persons should be raised to Rs.7.5 lakh: AIBEA to Jaitley

The ceiling on Income Tax for salaried persons should be raised upwards to Rs 7.5 lakh with exclusion of fringe benefits like housing,medical and educational facilities.

The IT rate above Rs 7.5 lakh and upto Rs 12 lakh shall be 10 per centand above Rs 12 lakh upto Rs 20 lakh 20 per cent and Rs 20 lakh andupto Rs 25 lakh it should be 25 per cent, All India Bank Employees’Association ( AIBEA) General Secretary C H.Venkatachalam said while submitting suggestions for consideration in next budget being finalized bythe Central government.

In a letter to Finance Minister Arun Jaitley, Mr Venkatachalam said the Income Tax slab for rich individuals should be raised significantly. For annual incomes between Rs 25 lakh and Rs 1 crore, tax rate should be 35 per cent and for annual Income above Rs 1 crore, it should be 40 percent.

He said Uniform tax rates for goods should be introduced throughout the country and adequate compensation should be paid to the state governments by the Centre for such introduction, for the revenues that would be affected by such move.

On the banking Sector, the AIBEA leader suggested to the Minister that the rate of interest on Savings Bank deposits shall have to be revised upwardly by atleast 2 basis points and the interest on fixed deposits shall be exempted from the purview of IT.

The banks should extend agriculture loan at the rate of 2 per cent per annum ( simple) and the banks should extend education loan at concessional rate of interest to the poorer sections of the people, at the rate of 5 per cent per annum (simple) with interest subvention.

Mr Venkatachalam also said in the letter that all private sector banks should be brought under the public sector, government should hold full control of public sector banks with 100 per cent equity holding and shall not disinvest its shareholding.

Wilful default of bank loans should be declared as a criminal offence through suitable amendment to law and the RBI should publish the list of defaulters every six months with updates, who owe to the banks more than Rs 1 crore.

Mr Venkatachalam also said Fast track courts shall have to be vested with more powers to recover the bad loans and stringent laws should be enacted to ensure more recovery.

Laws should be amended to confiscate the assets of the directors in case of default by a company, in which they are directors, the top AIBEA leader suggested to Mr Jaitley.

There should be expansion of Public Sector banks and to that effect, more branches should be opened in unbanked and rural areas, he said, adding that the merger of Associate/Subsidiary Banks of SBI with State Bank of India should be abandoned, as this would adversely affect the regional economy of the states in which the Associate/Subsidiary Banks are operating and in such areas of operations, they perform better than the SBI.

On the Rural sector, the AIBEA General Secretary suggested Mr Jaitley to ensure minimum civic amenities, the Panchayati Raj institutions should be strengthened with adequate budgetary allocations, education among rural children should be made compulsory through more enrollments in the government schools.

On Agriculture, he said, the investment in agriculture shall have to be made both by the Central and the state governments through increase in budgetary allocations, lands acquired by the banks in Settlement of loans by the small and marginal famrers must be returned to the original owners on repayment of installments on the basis of similar deals in respect of commercial companies.

Touching Education, Mr Venkatachalam said education to children should be made compulsory and the government schools should be recruited with qualified teachers to provide worthy education and added Child Labour Act should be amended so that the children should not be made to work even in ‘family run’ business. National Health Policy should be adopted and there should be National drug policy and prices of life-savings and essential drugs should be controlled, he mentioned on Health Care.

On prices, Agricultural Market Produce Committees (APMC) Act should be repealed and abolished, as these compels and forces the farmer to sell his produce to middlemen in authorized Mandis ( Markets). Farmers should be allowed to sell their products directly in the market without intermediaries/wholesalers/middlemen,he added.

On Labour Laws, Mr Venkatachalam urged the Minister that the judgement of Supreme Court be implemented to ensure ”equal pay for equal work” at all private and public sector establishments, the Contract Labour ( Regulation & Abolition) Act, 1970, should be amended to absorb the contract workers in permanent employment of the ‘principal employer’ if contract labour is abolished by the government.

On Public Sector Units, he said budgetary allocation should be made to all the sick, revivable and potentially viable public sector units, appointments of Chiefs of Public Sector Units that are remaining vacant should be expedited and massive investments in Public Sector should be made to make concerted efforts to generate public employment.

All Foreign Trade Agreements (FDA), Bilateral Investment Treaties (BITs), Double Taxation Avoidance Agreements (DTAAs) should be reviewed comprehensively in country’s economic interest as through these treaties and agreements, the black money stashed away are ploughed into India as FDI the AIBEA leader said and added that FDI in Public Sector Units, LIC, Private Sector banks, Services, Defence should not be allowed and such policy decisions should be scrapped.

Source: http://www.aibea.in/

Monday 23 January 2017

GDS COMMITTEE REPORT - CHAPTERWISE AND ANNEXURE WISE DOWNLOAD LINK



Dear comrades,

Shri Kamalesh Chandra Committee submitted report on GDS system to the Department & Government on 24th November 2016.
  • The copy of the Report published in DoP website on 18-01-2017.
  • It contains 434 pages with 20 Chapters and 39 Annexures with some other pages. 
  • Downing loading of the Report Copy once at a time is more time taking and felt difficulty.
  • AIPEU GrC CHQ made it Chapter-wise links for the convenience of down loading easily and links are given below:





















ACKNOWLEDGEMENTS (3 PAGES)

The following Annexures contains Statistical tables, data collection and etc.,

ANNEXURE : 01 - 10 (37 PAGES)

ANNEXURES : 11 - 15 (41 PAGES)

ANNEXURES : 16 - 25 (31 PAGES)

ANNEXURES : 26 -30 (25 PAGES)

ANNEXURES : 31 - 39 ( 30 PAGES)

7th Pay Commission: Central govt employees expect Committee on Allowances report in February

After repeated rumours and statements on when and what the Committee of Allowances under Finance Secretary will roll out for central government employees, there is more news to fire the expectations of government employees.

The Convener of National Joint Council of Action (NJCA), in a circular to its members wrote on Thursday about his recent meeting with the Cabinet Secretary said," The Cabinet Secretary informed us that, pension issues have already been referred to the Cabinet, and the report of the Committee on Allowances is likely to be submitted in the next month".

The Cabinet Secretary is also reported to have assured NJAC that the issue of Minimum Wage and Fitment Formula is also being vigorously pursued by the government.

Cabinet Secretary is reported to have told Mishra that the inordinate delay in allowances was because of the various problems, but the intention of the government is very clear that, they want to resolve the problems of the Central Government Employees and advised the employees to have patience for some time and given us an assurance that he would try to get resolved pending issues of the Central Government Employees as early as possible.

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Tuesday 10 January 2017

Pongal Holiday Order


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In Tamil Nadu, agitation Programme is being organised against the government decision of not including the Pongal Holiday in the list of Compulsory Holidays for the year 2017 for central government offices

In Tamil Nadu, agitation Programme is being organised against the government decision of not including the Pongal Holiday in the list of Compulsory Holidays for the year 2017 for central government offices at Tamilnadu.

It is quite a surprise that some Political parties and Tamil Media are telling that Central Government has removed the Pongal holidays from the List of Compulsory Holidays for the year 2017.

Since 2009, there is no such order issued by DoPT (A Nodal Ministry for Central government employees) that includes Pongal festival in the List of Compulsory Holidays. The Orders for Central Government Holidays from the year 2009 are available in DOPT website

The Holiday for the Festivals which are celebrated in States shall be decided by the Central Government Employees Welfare Coordination Committee in the State Capitals, if necessary, in consultation with Coordination Committees at other places in the State from the list of restricted Holidays declared by central government. There are three such Holidays can be decided by State Coordination committees or Co Ordination committees in Departments for Central Governments offices functioning in States.